"At one point last week the Morgan Stanley $10.7bn pay pot for the year to date was greater than the entire stock market value of the business. In effect, staff, on receiving their remuneration, could club together and buy the bank."

MIA, what we need is a private/public oversight board of the bailout/rescue/pig, whatever you call it. This board would report findings to the public in newspapers. No oversight by the feds or banking system. UNTIL they are out of the loop, there will be rampant corruption and WASTE of OUR money!!!!